New Delhi, May 11 -- Nepal officially adopted the current exchange rate peg of NPR 1.6 per INR in 1993, with implementation beginning in 1994, an era when the internet was still a novelty and Nepal's total trade volume was only a fraction of what it is today. According to the Nepal Rastra Bank macroeconomic report, foreign reserves rose by 18.3% to USD 23.08 billion, reflecting strong remittance inflows and providing the country with a strong import buffer. The reserve remains sufficient to cover more than 18 months of imports. Despite this financial cushion, every policy shift in Mumbai's Reserve Bank of India (RBI) continues to dictate the cost of capital in Kathmandu. The US Dollar remains the aspirational "Gold Standard" for wealth fo...